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to anti-war democrats but lost a lot of republican support. now while president obama's next potential secretary of defense is being hailed by some precisely because his views do fall outside the mainstream, many others are saying that chuck hagel's views on israel and iran and his previous comments on gay rights are completely out of touch. so while the likelihood of john kerry receiving app unanimous confirmation vote in the senator, the decision to float hagel for the pentagon is having the opposite effect. >> i think this will be a very tough confirmation process. >> a lot of republicans are asking hard questions and i don't think he's going to get many republican votes. i think it would be a challenging nomination. >> in another distress signal for the white house, the former vietnam vet and nebraska senator was unable to secure the backing of the number three democrat in the senate. >> that's his choice. i think once he makes it, his record will be studied carefully, but until that point, i think we're not going to know what's going to happen. >> can you support him? >> i'd have
. >> thank you, thomas. >>> democrats in a scramble to hold on to the john kerry seat joining the obama administration next year and nominated to secretary of defense. this will be the state's second special election in two years to fill a senate seat and governor patrick has the job of picking an interim senator ahead of the special election to happen sometime in june. want to bring in frank phillips for "the boston globe." good to have you here and starting with the short term now that we know that edward kennedy jr. is not going to run for this spot. there were reports that ted kennedy's wife and widow victoria might have interest in this, as well as speculation about the outgoing congressman barney frank saying that he would have -- be interested in this. politico in a new article today quotes frank as saying he is tired. but is the governor there tipped his hand to victoria kennedy or barney frank as an option? >> he hasn't. he has to make up his mind. he said he expects to appoint an interim who will not run for the seat. i think he's under pressure from democrats both in the nati
a post-obama age -- a happening? >> we just pushed the post- obama[laughter] >> i know. even in the next four years? >> what this president stands for -- i talked earlier about the fight we had. i was reading a book some of you may have read that was excellent about clarence darrow. he talked about some of the fights in the late 19th and early 20th centuries. during the gilded age and the progressive era. so much of the dialogue -- there were differences, but the fundamental philosophical debate was very much the same way we had in this election. do we believe that the strength of our country and the economy comes from a broad number of people, the middle class, those working to get into the middle class, or do we believe it comes from the wealth- generating capacity of those at the top? this has been a longstanding debate, and i think it was very vital in this election. president obama can carry the banner high and proudly and well. the things he has done, whether it is health reform or education reform, making higher education more affordable, expanding pell grants, creating the consum
himself reelected. then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told obama if you want a trillion dollars in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican congressman and i signed your tax pledge to not raise taxes. if someone says here's a bill that says if you sign this we will cut taxes for 98% of americans. how could you say no? my point is, the administration is winning the war of optics. if they played it out this way, do they not win? >> well, they've won the war of optics so far because everything's been done in camera. it's been done inside closed walls. if c-span and fox and -- were able to videotape the negotiations, the kind of thing we're learning now about how obama said i have no interesting in cutting spending, he's been lyin
was much worse for them than they expected, or there will be young voters who will be obama democrats for the next 40 years. this could be a watershed election if the republicans don't respond in the correct way. >> one of the interesting things -- and i wonder if rick in thinking all this out, if what you all made of this -- is, you know, fdr had this legacy. you still had people -- hubert humphrey was still running in 1 1968 as an fdr democrat. one question i have is, is this wave of democrats, and is obama himself a sui generous figure or is he a kiclintonian figure? >> i addressed some of this. the "r" word, realignment, is something that people are talking about. there was a reagan realignment, and basically you could argue that this is finally the end of the reagan realignment, and there's a kind of obama realignment now. so the question is, is this realignment inheritable? one of the things michael discovered with all of the work that he did with the numbers crunchers is that they started to find in the last six or seven weeks of the campaign these supposedly undecided people w
-to-last independent bookstore with a mind of its own, the next to last leftie looking for obama nirvana. [laughter] the first day of the wall street occupation set forth upon this continent a new revolutionary nation. [applause] >> in addition to its own programming as -- of artist talks, meridian has been a downtown host for san francisco states well-known port trees center. recent luminaries have included david meltzer, steve dixon, and jack hirsch man. >> you can black as out of the press, blog and arrest us, tear gas, mace, and shoot us, as we know very well, you will, but this time we're not turning back. we know you are finished. desperate, near the end. hysterical in your flabbergastlyness. amen. >> after the readings, the crowd headed to a reception upstairs by wandering through the other gallery rooms in the historic home. the third floor is not usually reserved for just parties, however. it is the stage for live performances. ♪ under the guidance of musical curators, these three, meridian has maintained a strong commitment to new music, compositions that are innovative, experimental, a
to go to president obama's inauguration next month? why it will be easier than last time, a lot easier than last time. "fox & friends" hour two starts right now. >> gretchen: good morning, everybody. i'm gretchen carlson with clayton and rick. great to be back with you. >> clayton: did you have a good christmas? >> gretchen: i did. >> clayton: is it going to be a excite one toward the end of the year? all of these people trying to leave the in-laws house. >> rick: we learned the other day that gretchen loves her in-laws. >> gretchen: exactly, because there was a study and the mother-in-law takes the hit. >> rick: there must be a few people who say i can only handle three days of her. i can't go home -- >> gretchen: are you going to help them out. >> rick: you might have to spend four or five days there, get ready. find some way tie a break. there will be really big storms. >> gretchen: let's talk about this morning with an extreme weather alert. deadly storm system that slammed the midwest, snow and tornadoes heading northeast this morning. >> oh, my god, look. that's a tornado. oh, wo
house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america. the great christmas challenge. >> i know, i know your show. >> she knew, and so did thousands of others. tonight, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect being felt coast to coast. the monster storm system stretching from indiana to maine, all the way to north carolina. more than a dozen states under winter watches and warnings this evening. and this is moving fast. nearly a
is next. we'll see you here tomorrow. good night. >> dicky: up next on "jimmy kimmel live" -- >> i'm hoping that obama announces this will be the black half of his presidency. >> dicky: john goodman. >> jimmy: have you ever actually emptied a mini bar on your own? >> you bet. >> dicky: hayden panettiere. >> jimmy: i would not want to be paul ryan's shake weight
into effect next year as part of president obama's health care bill. what it all means for the health care sector and investors in 2013, ahead on the show. >>> plus, want to improve your dating life? potentially you may now have to improve your credit score. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's anothe
. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you accept the fact that both guys are in trouble? >> i think it's a jump ball. i'm not sure what happens at that point. it depends on what the markets do. we'll say this. president obama doesn't have to worry as much as the members of congress do because he's not on the ballot again. >> but if there's a second recession, doesn't that kill his second term? >> i hear republicans and democrats and obama want to come together on middle class rates. i think they'll make a deal in early january to extend some part. >> but are you saying this doesn't really hurt? if they go sometime next friday, nine days from now, will the market go down and come up or will it plunge? >> the republicans want to cut a deal before the cliff. >> i know that. but if this thing goes o
, three months, but we've got to wait and see over the next couple of days. president obama comes back tomorrow and the senate comes back late tomorrow, and then we'll see if they can get their act together and get it done. >> what do you think the stop-gap would look like, john? what kind of elements need to be addressed immediately? >> there are four really. one would be an extension of all the bush tax cuts under $250,000 in income for some period of time, probably temporary. the second is a stop-gap measure turning off the sequester for some short period of time. it may have a certain amount of spending cuts in there to in effect pay down what would have been taken indiscriminately across the board. in addition to that you would have the doc fix for medicare to prevent doctors reimbursement from falling precipitously in that program and a temporary extension of unemployment benefits. that's the mini deal we're looking at. the question is whether republicans will cooperate with democrats to do that in the senate and if house speaker john boehner would put that on the floor even if m
tonight, a mountain of new regulations coming our way next year thanks to congress. we'll break it down. president obama promised to end crony capitalism. how is he doing? we'll have a report card. gerri: brace yourselves for a tsunami of new regulations on the way. a study finds new regulation still under review by the obama administration could cost $106 billion before the end of the year. the biggest culprits? the epa and the energy department. here to explain the director of regulation policy for the american action forum. sam, welcome. i want to start with this $106 billion number we were talking about in the break. this is a lot of money. so $106 billion. these are rules that are still being written that were supposed to go into place sometime this year. this as the laws not already on the books, this is what is coming. tell us about that. >> correct. for example, there are 25 economically significant regulation at the white house now, that is regulations with a economic impact of $100 million or more. some are rules under the affordable care act, menu labeling rules, rules for ve
tween the principal negotiator for an intern meeting something else whether or not president obama will wrap up the fiscal cliff talks next week. >> time now to entertain this. it is official jessica simpson expecting another baby. the 32-year-old celebrity tweet add photo of her daughter sitting in front of a sign drawn in the sandwich says big sis. cute little girl isn't she? the announcement comes 7 months after giving birth to that little girl her first child. it has been a good year for hollywood 2012 marched through the industry's highest year on record for 1 billion in ticket sales. is rock and roll hazardous to your health? it might be. you to those playing it. researches in inge lantd studying more than 1500 musicians famous between 1956 and 2006. they found 137 of nthem or 9.2 percent of them were dead. that is a higher mortality rate than those in the general population. >> time to look at the sports stories new season but same results. lebr lebron james and the heat. suddenly the lashgs can't lose. 194 for the fourth straight win. they are back for 500 for the season. k
and georgia also sleeping uneasyly with tornado watches in effect there as well. >>> next, manhole cover explodes in downtown san francisco. what officials say cause the fire. >>> president obama cuts his holiday vacation short. why he's leaving hawaii tonight. >>> first, here's this morning's tech bites. >>> less than a merry christmas for netflix the service went dark for many customers christmas eve for more than 10 hours,. for the first time sales are falling for e-readers like kindle and nook. replaced by tablets which are cheaper and lighter with longer lasting batteries. >>> you may be thinking this morning about returning a gift bought online. if you are mailing it back make sure you have packaging retailer has a store near you, you might be in luck. >> if you got something bought online you can return it to a brick and mortar store if they have a store. best buy, you#nóqp can return io best . >> that isn't always true, check the rules carefully. those are your tech >>> live look in high-definition towards the embarcadero. you may encounter showers. [ inaudible ] >>> the san fra
is a gun owner. the end of the year is quickly approaching. for the next few nights we'll look back at 2019, highlights an lowlights. tonight craig boswell takes us through a bruising primary of high spirited presidential campaign. congress chocked full of retirement and president obama healthcare law. 2012 is a bit of a nail biter. president obama ran uno'posed. but sluggish economy and high unemployment and no plan for recovery made him vulnerable. >> president's policies have not been success to feel reignite the economy, putting people back to work. >> earning his party's nomination was not as easy for the former massachusetts governor mitt romney. even though romney went on to win decisive victories and becoming the republican nominee he emerged from the primary battle bruised. >> he is the worst republican in the country to put up against barack obama. >> romney's campaign saw several ups and downs but appearing confident and in command in the first debate, romney threw president obama off the game with the president delivering a shaky performance. >> the first debate sets the tone a
tonight. let the last minute panic begin of the president obama is set to fly back to washington in the next few hours to try to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fisca
argue that i think it is likely, president obama want the school to the fiscal cliff. gerri: i did hear you say that. why would you say that? >> because the next four years will be a mess. a trillion dollars on higher taxes for obamacare, continued overspending because the president has refused to do any restraint on spending, no entitlement reform, no trimming of spending. and the regulatory regime. the regulations that the obama people spent four years writing. they have decided not to share them with us before the president got reelected. once his job was secure, he no longer had to care or pretend to care about your job. so now you have hundreds of billions of dollars of new regulations. maybe even more expensive than spending. gerri: i have to ask you this question. people talk to me about this all the time in new york city. they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is the person who forced members of the house of representatives to say no more taxes. what do you say? >> first of all, as you know, from congress to
be a battle for the soul of the party in the next four or eight years. do you see a post-obama age -- a civil war-like occasion happening? >> we just pushed the post-obama age off by four years. [laughter] >> i know. even in the next four years? >> what this president stands for -- i talked earlier about the fight we had. i was reading a book some of you may have read that was excellent about clarence darrow. he talked about some of the fights in the late 19th and early 20th centuries. during t gilded age and the progressive era. so much of the dialogue -- there were diffences, but the fundamental philosophical debate was very much the same way we had in this election. do we believe that the strength of our country and the economy comes from a broad number of people, the middle class, those working to get into the middle class, or do we believe it comes from the wealth-generating capacity of those at the top? this has been a longstanding debate, and i think it was very vital in this election. president obama can carry the banner high and proudly and well. the things he has done, whether it is
at the silver dollar in charleston, my friend. >> absolutely, thank you, luke. >>> next, brand new information about what house republicans will be doing tomorrow. >>> plus, the bitter battle of president obama's second-term cabinet. you don't even have to be a nominee to be scoured these days. politico briefing is next, jake sherman, don't want to miss that. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> the president cannot -- this white house cannot continue to float trial balloons and then not have them shot down. the president can't get perceived to being rolled by opponents. the problem that chuck hagel has, who has a lot of support in the foreign policy community, is that he's now getting shot at from the left and the right. >> like steve perry's voice never leaves journey, andrea mitche mitchell's presence never leaves. unde
, really good. the car is constantly a disappoint dollars. that is it for next "the willis report." thank you for joining us and i wish you and your families all have a very, very merry christmas. have a great night. lou: good evening, everybody. obama administration's collectible middle east policy. egypt right now on the grip of the worst political crisis since the fall of the president two years ago. and in syria, increasingly desperate measures to counter an insurgency that is slowly but surely pushing closer to control of the capital city of damascus. we will take all that up there with the fox news military analyst, new intelligence report that concludes america's time as the lone superpower is nearing an end. john negroponte joins us to discuss our nation's future as a superpower and the challenges we surely face. and president obama ignoring immigration reform in the first term only a matter of time before he makes new proposals should republican party takes the lead on the issue. when will it be enough to lure latino voters in that is their purpose. egypt is worsening. clinical
this, he also says health care costs could double for some groups by 2014 due to obama care. we've got aetna's ceo coming up next. >>> and also just what our economy needs right now. just how will harsh weather impact your money as we wrap up the year? we'll break it all down for you right here on cnbc. cnbc. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-866-294-5412. your doctor will say ge
, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball. that's what it seems like. they have. leadership crisis. there i
employees at 120 starbucks around d.c. president obama and congressional leaders will go back to work thursday. if they do not reach a deal by next week, tax hikes and automatic government spending cuts take effect. >> shoppers descended to grab christmas sales. they rushed into shops when the doors opened. some stores cut prices up to 75%. the day after christmas is very important for retails in central london. more than $80 million is expected to be spent today. 100,000 shoppers are expected to pass. the deadline for the fiscal cliff edging closer. the president and lawmakers will return to washington. what lies ahead and is there time to reach a deal? i look at the true holiday spectacular in howard county. stay tuned as we look at the symphony of lights. >> many families packed up and took a drive through the symphony of flights. this is the 19th year for the gigantic light show. tommy culp was there and brought this back with him. >>♪ >> how nice. that is all for me. here is what is next. >> we still got some rain out there. we talk about how this storm will wind down. >> a bal
't going on for years. and that democrats in particular had really turned away but president obama seems to have embraced. now the burden is on him going in to next year, the promise that he's made to address this in the state of the union and really get specific on his proposals but he set the bar pretty high and if he can meet that and change what people are doing in addition to change how people are talking about guns, it could have a real lasting effect on things. >> number four was the first presidential debate on your list. >> yeah. well, anybody that covered that presidential election knows it was pretty static for the entire thing. except for the week and a half, two weeks right after that first presidential debate when mitt romney came on to the stage, he was able to moderate his positions, appeal to people in the middle of the country, as well as the people in the base who were excited to see him have a fighting chance and for a moment there, it did look like he was getting the upper hand in the election. >> number three, the 47% video that, that video of mitt romney saying the
. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as the first ones. as many as 800,000 are expected to be there for the president's 21st inauguration and that's less than those who flooded the area in 2009. >>> it should be much better and governor brown wants to overhaul the state'
.s. >>> the cliffhanger over the budget impasse in waington. tonight, president obama cut short his vacation in hawaii, just six days before the deadline for big cuts and tax hikes. >>> the war next door. they say the borders are more secure than ever. but look what hidden cameras found on one man's land on this side of the border. drug smuggling, alive and well. >>> and fashion police. as retailers report on the all-important shopping season, we report on a trend you might have missed. just what do these mannequins see in you? "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening, i'm natalie morales in tonight for brian. and we begin with serious winter weather that is moving east. rain, snow and wind that is snarling a lot of travel plans for those trying to make it home from holiday travels. it is the same storm system that is responsible for at least three deaths and spawned record-setting tornadoes in the south over the past 24 hours. we have it all covered, and we begin with the experts who are always out in
. >>> president obama is cutting short his christmas break with next week's fiscal cliff looming large. he plans to return to washington tonight after spending the holiday in hawaii. kristen welker is traveling with the president. good morning to you. >> reporter: savannah, good morning to you. the first lady and first daughters will remain here and continue their hawaiian holiday. the president and first lady spent part of their christmas visiting with troops stationed here in hawaii, thanking them for their service before they sat down and enjoyed a tradit n traditional christmas dinner. the night before president obama called service members stationed overse overseas. when president obama returns to d.c., he and lawmakers will have just days to avert the so-called fiscal cliff. here is where everything stands. last week house speaker john boehner failed to get his own bill through the house. so now things are in the s senate's court. leaders there will have to come up with a compromise to avert the tax hikes and spending cuts set to go into effect during the first of the year. president obam
professor gets his economic forecast for the next year. then the end gain on the war in afghanistan and the editor -- editor-in-chief of nip review of -- -- mit review. host: we heard overnight president obama is cutting short his vacation to hawaii. he is returning to deal with economic matters, the fiscal cliff. if his death has been quietly talking with senate democrats are the christmas holiday to come up with a planned to avert or prevent the cliff. in the meantime, the senate does plan a session tomorrow. perhaps we will hear more about an agreement before the new year's deadline. the house is due tomorrow as well. we do not have an agenda and there. with the fiscal cliffhanging out there heading into the year 2013, do you have optimism or pessimism heading into the new ? you can also send in your comment via twitter, a post a comment on facebook, or write us an e-mail. the theme of optimism or lack of it is prevalent in the papers. wednesday with congress and the president heading back to washington. here is a headline on "usa today." in the wall street journal -- if the in
at the summit. >>> next, a manhole cover explodes in downtown san francisco. what officials say caused a fire in an underground vault. >>> president obama cuts his holiday vacation short with his family. why he's leaving hawaii tonight. >>> storms that slammed through the south and killed three are moving toward the northeast this morning. twister touching down after night fall in mobile, alabama the tornado blew out transformers leaving thousands without power and damaged homes, high school and church, several injuries were reported. people in parts of florida and georgia sleeping uneasy tornado watches in effect there. >>> in new york police found a bed in the burned out home of the man who killed -- found a body in the burned out home of be the killers sister. two other firefighters are still in the hospital. police say ex-convict william spengler armed himself with weapons and set his house on fire to lure first responders into a trap he killed himself he left a note saying he wanted to burn down the neighborhood and kill as many people as possible. >>> san francisco woman accused of fata
for the update. we appreciate it. next, a very old record broken in the house and the hawaii's governor honor governor inouye's last wish. what president obama can learn from one of our founding fathers about wheeling and dealing. you are watching "the daily rundown" only on msnbc. becausey wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. >>> the opening bell just rang on wall street. you see numbers at the new york national guard there for that wonderful occasion to get their pic
start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some movers. michael cores down over 6%. tracy: i was in the balls this weekend. lori: crowded theater not like i thought it would be. adam shapiro in the newsroom with the details. i thought it was way busier last year than it was this weekend. >> no. here are some numbers. for the period of october to eight and d
's obituary raising eyebrows. >>> first president obama cutting vacation short to deal with the dreaded fiscal cliff. with just six days until the deadline, some lawmakers say it might be too late. and that's next. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. from the president cutting his holiday vacation in hawaii short to get back to work on avoiding the fiscal cliff. the white house says the president is set to return to the nation's capital tomorrow morning to try to hammer out a deal where lawmakers on stopping automatic tax hikes and deep spending cuts from kicking in, which is set to happen, if you're not watching the calendar, six days from now. if they don't reach a deal many say it could send the country right back into rec
this week and next week, right now house republicans will not vote for any kind of a tax increase under a million dollars. they wouldn't support that. obama can come to them and say here's the tax cut for all income, $250,000 less. are you for or against it. that's an incentive for them to wait. >> the democrats still feel like they have a lot of leverage politically and strategy-wise and going into the new year is not that bad for democrats. it's bad for real americans. let's go back to the tax. your paycheck is going down 2%. everyone's taxes go up. it will really have an effect is when people get their first paycheck in january and the christmas bills are due, the average working class family will have their paycheck drop not 2% but closer to 5%. democrats see it as leverage, but it hurts real people for the short-term. >> when you talk about it, absolutely. if we go over the cliff without changing anything, this will be the end of unemployment benefits for more than two million americans. people who cannot wait a couple of months to get the money back and don't have the safety net.
ramifications. as we go to break, a live picture of honolulu. president obama leaving this beautiful day behind as he heads back to washington in the next few hours. for all of you digging out right now in the snow, this picture is for you. [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. >>> just in to "the situation room," word that the u.s. will hit its debt limit next week. the treasury secretary timothy geithner has written to congress informing lawmakers that the country will hit its borrowing ceiling this coming monday, december 31st. but the estimates are that the treasury department can keep the country running through february or march. geithner says he will take what he calls extraordinary measures to keep the country from defaulting, but he says uncertainty from the fiscal cliff makes it hard to say how long they will be effective. >>> the white house and congress are s
close in a couple of minutes. iq. president obama cutting his trip going back to d.c. as the clock ticks away for the tax hikes for all of us. speaker john boehner plan failed in the house. coming up next is off to d.c. for what plans they may look like. shibani: and all of these weather delays going on in spying airline stocks instead. we have an analyst with his winners and losers predictions for next year. coming up. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust ur brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours energy now -- no crash later. wait to sethe next five hours. shibani: sh
. secretary clinton as i said before was quite direct the next morning and talking about a missile by heavily armed militants. president obama spoke to an act of terror. what was not clear at the time was exactly which terrorists are responsible, what their motives were, whether they were motivated in part of a mob coming across the wall of our embassy in cairo, which may of been partly in response to the video you mentioned. just to note the motives were. there's no question about was that this was a terrorist attack. >> it's an act of terror is different than a terrorist attack. >> what i would add is that much in response to an earlier question. the officials to address this issue in intelligence committee on whom they relied were focusing on trying to be as factual as possible and also focus on action in this. and they were also dealing with the reality, all of us were, where you have mobs coming out of the walls of our embassy in cairo, tunis and for now. all of us are focused on protecting their people. no one was trying to misrepresent anything. people were trying to get to the bottom
's effecting millions. and it looks like president obama may be cutting short his vacation to actually deal with the fiscal cliff deadline. he isn't the only one. there is new developments coming in right now and we'll have them for you next. [ boy ] there i was. another holiday stuck at the kids table again. then it happened. every boy's dream. i got called up to the big leagues. i was finally a man... on my way to shaving, driving and staying up past midnight. [ whoosh ] [ whoosh ] [ whoosh ] being an adult is overrated. [ male announcer ] holidays aren't the same without the real cream of reddi-wip. the sound of reddi-wip [ whoosh ] is the sound of joy. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. it's our top story on this fox trip across america. >> texas. the san san antonio homeowner says his house shook and then boom. a neighbor says his kids were playing nearby just before
'm not sure how these people will afford insurance without the subsidies. that's 2014, we'll come back next year and worry about that. >> pharma tech has nothing to do with obama care. >> absolutely not. that's why it's done well, between drugs and interest rates. >> so it had nothing to do with -- although it did -- did it escape any type of worries about when you would use -- change the patent protection for biologics? where are we? >> we're still at 12 years. >> yeah. >> and that doesn't look to be changing. even ed kennedy when he was around didn't want it to change. so i think that -- biotech's a protected industry. one of the things we invest in at polliwob, especially early stage. those are things that you care about the science and less about the politics. >> do the -- does the specter of any type of price controls for pharmaceuticals, is that on the horizon for this country, or are we -- will we still lead the world in innovation because we won't -- we're not stupid enough to try to figure prices there? >> that's a leading question. >> it is. >> but the one major explicit price con
may rejoin them or he may not. it all depends on how negotiations progress in the next few days. gregg: well, you know what, peter? there's not lost love between boehner and president obama. are they going to meet? >> reporter: they might, gregg. the speaker is expected to return to washington soon but we still don't know of a specific time set aside on his calendar to meet with the president. actually the last we heard from the speaker he said that since voters in november picked republicans to control the house, he is going to stay true to his party's principles in december in the course of making any kind of a compromise. >> the american people reelected president obama on election day. they also reelected a republican majority here in the house. in doing so they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate to work together to begin solving the massive debt that threatens our country's future. >> reporter: the house and the senate will both be back in session tomorrow and the president has said he expects them to quick
? >> well, they endorsed obama. they said it was the same budget he proposed in 2011 that got -- gregg: i'm out of time. basil, give me your prediction come next tuesday, will there be a deal or not? >> i think harry reid will do a stopgap deal, and we'll be back at the drawing board. gregg: tony 134. >> that's what's going to happen at best, and it's not going to solve the problem. we need the grand bargain, we really do. gregg: good to see you both. >> good to be here. >> thanks so much, gregg. heather: coming up, a potentially major strike threatening the u.s. economy from coast to coast as business leaders ask where is president obama? with poor workers on the brink of a walkout that could cost billions. gregg: and we are learning more about the man who killed two firefighters, upstate new york. we're going to talk with a clinical psychologist about how a man like this could slip through the cracks, a man who claimed in his farewell note that killing people was what he liked to do. >>> and an officer wiewbded in the shooting -- wound withed in the shooting speaking out just moments ag
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